REMEMBER THE LAST GUY WHO THREATENED US? HE GOT A ONE-ON-ONE SUMMIT WITH THE US PRESIDENT, A REDUCTION IN REGIONAL MILITARY PRESSURE, KEPT HIS NUCLEAR PROGRAM, AND GAVE UP ABSOLUTELY NOTHING
To Iranian President Rouhani: NEVER, EVER THREATEN THE UNITED STATES AGAIN OR YOU WILL SUFFER CONSEQUENCES THE LIKES OF WHICH FEW THROUGHOUT HISTORY HAVE EVER SUFFERED BEFORE. WE ARE NO LONGER A COUNTRY THAT WILL STAND FOR YOUR DEMENTED WORDS OF VIOLENCE & DEATH. BE CAUTIOUS!
The Four Seasons Total Landscaping episode remains the funniest thing that has ever happened, and we should all think about it every day or so to contribute to general happiness
Uber is not, in any real sense, profitable. It has positive free cash flow (OCF-Capex), but if you treat stock comp as a cash expense (WHICH YOU SHOULD) here is what cash flow looks like
I taught the core curriculum to very bright undergrads at Columbia University, and Ms Fray, if you really think most of your students are doing most of the reading, you've been had.
For everyone at elite schools saying it's impossible or unrealistic, here is what freshman students read in their first semester in the Honors College at The University of Tulsa.
Do they do the reading? Yes. Do they appreciate the challenge? Yes. Is it hard? Yes.
Living in the UK, I got so sick of asking for 568.3 milliliters of beer at the pub. One day I broke down and shouted "one proud imperial pint of bitter, barman!" Damned if the EU metric measurements enforcement team didn't find out and make me move back to the US.
True story!
Boris Johnson is to announce the return of imperial weights and measures, making it legal for market stalls, shops and supermarkets to sell their goods using only Britainโs traditional weighing system post-Brexit
โThe optics are terribleโ
No -- the optics are just fine! This is exactly what it appears to be: monstrously bad judgement and an ugly ethical failure.
The president of the St. Louis Fed spoke at a closed-press, off-record, invite-only event that Citi hosted and asked its clients to.
Against Fed rules? Unclear, though we go through them in the story. Bad look? Definitely, a range of people said.
Today is my last day at the
@FT
. Later this year I'm starting as Asia correspondent at
@TheEconomist
, based in Singapore.
Writing Unhedged with the great
@rbrtrmstrng
has been a privilege. Rob brings the wit, wisdom and substance day in & day out.
(1/4)
I'm starting a new job next month, writing the FT's daily markets & finance newsletter.
Thoroughly intimidated to be following
@michaellachlan
and
@johnauthers
in the role. Like playing Bond after Sean Connery and Roger Moore.
It is a disappointment to me that only one reader seems to have noticed that I started this piece by quoting Homer Simpson and ended it by citing and economist named Smithers.
@danpfeiffer
I really hope this video of Stephen Moore getting absolutely destroyed by
@crampell
doesn't get retweeted and seen by the rest of the internet, because it would be very embarrassing for him.
Today in FT's Unhedged and
@adam_tooze
's Chartbook: a debate on China's promise for global investors. UH sees more Japan-style slowing growth and weak index returns; CB sees transformation and sector leadership in e.g. green energy.
on the topic of looting, here is the $1.5 billion that is set to go to lawyers and bankers in the PG&E bankruptcy, a case soon to wrap up that is ostensibly about compensating wildfire victims who had their lives upended
Alexandria Ocasio-Cortez "leads a generation of young people to take pride in their ignoranceโof the laws of nature, of history, of the Constitution, of the eternal battle for freedomโand still succeed."
Alabama officials warned drivers to not eat chicken tenders that spilled onto the highway after a semi crashed:
"There were some people trying to get the chicken," Josh Summerford, chief deputy for the Cherokee County Sheriff's Office, said.
Today is my last day as the FT's chief leader writer. Next up in the job:
@NeilRBuckley
, who will do it better than I did.
Next month I will be off to America, to write about banks, teaming up with
@LauraNoonanFT
That is all.
Everything wrong with Silicon Valley -- the short-sightedness, the self-congratulation, the lack of self-awareness, the ignorance of everything outside of software, the cool disregard for people who are different -- in one tweet. A miracle of concision.
Laptop Class (noun): Western upper-middle-class professionals who work through a screen and are totally abstracted from tangible physical reality and the real-world consequences of their opinions and beliefs. Synonyms: Professional-Managerial Class; Orwellโs โouter partyโ.
Speaking as an American atheist who hates guns: shut you hole, Dawkins, you contemptible, puffed up, self-winding grease stain. Fifty people are dead, and you are making jokes about southern accents.
In a hidden laboratory deep below Aspen, Colorado, a crack team has been developing new ways for gazzilionares to make themselves look maximally out of touch with the real world. Today, their work has finally gone public.
HOT TAKE: things are going ok! The result is clear; the legal arguments for overturning them are extremely weak; DT is acting like everyone knew he would, but the streets are calm. This country is split; the republic survives. Proud to be an American tonight.
@Gilesyb
@benedictevans
@ollybartrum
Actually what GDP should reflect is the massive loss in productivity from people taking zillions of photos of things no rational person would give a shit about
One would think that a letter to the American people from the president announcing his decision to step aside would not be signed using a digital signature and would be accompanied by a photo op and a scheduled conference in the morning that followed.
Instead we have a
What does Anne Widdecombe say to people who can't afford some of the basics, like a cheese sandwich?
"Then you don't do the cheese sandwich," adding, "we've come to regard it as some sort of given right that our food doesn't go up"
#PoliticsLive
@PickardJE
Dear Santa,
All I want this Christmas is an FT big page about how some British politicians acted like assholes last Christmas
Your pal
Robert, age 6
My dad is 97. He was wounded by a Kamikaze at Layte Gulf, one of the biggest WWII naval battles. His main recollection? How kind and self-sacrificing his officers and fellow sailors were. Many of them died protecting his and other lives. I think of them this veteran's day. RIP.
Biden giving a strong rally performance directly addressing his debate fail. Everything he wasnโt last night. Sharp, passionate, clear on the threat from Trump. Is it enough to quell the fears of his party?
@NickCohen4
But it's not a coup attempt. It's fundraising. They're only route forward is through the courts, and they have absolutely nothing: no evidence, no real lawyers, no plan. The system will hold, and this foul parody will end.
Good thread on the state of labor negotiations in the FT's US operation.
I love working for the FT, the greatest newspaper in the world.
But my excellent coworkers deserve better than they get. Management needs to meet us in the middle -- starting today.
๐ช
@FTUSGuild
๐ช
Weโre in (hopefully) the final stretch of bargaining for our first contract with the
@FT
! Weโre kicking off a week of in-person bargaining with management today in New York. But the work is far from over. Weโve still got a lot to fight for.
As a wise professor once told me: quality of writing will make no difference to your academic career; focus instead on the petty politics of your field/department
With a Russian invasion right on its doorstep, Europe now finds itself discussing whether weapons should be listed as ESG assets, to grant them more favorable access to financing
Every time I tweet about suits or sport coats here, someone invariably says that tailoring is oppressive, classist, gender-conforming, etc. One person even said suits are associated with imperialism.
Yet, no one talks about how business casual asserts a new kind of oppression ๐งต
"Nothing would make me less likely to go shopping than the thought of having to mask up."
Conservative MP Sir Desmond Swayne calls the government's decision on wearing face coverings in shops in England a "monstrous imposition".
I thought higher rates would crush the homebuilders. Instead, they've rallied massively. Why? Existing home inventory has collapsed. Shoulda seen that coming.